Bullish option flow detected in Shopify (SHOP) with 12,480 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 78.74%. Apr-25 85 calls and Jan-26 130 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.47. Earnings are expected on May 7th.
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